Strategic Sourcing Director

10 hours ago


London, Greater London, United Kingdom Lloyd's Full time

Job Description

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Lloyd's is a leading global marketplace for insurance and reinsurance, seeking a skilled Strategic Sourcing Director - Cost Optimization to join our procurement function.

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This role requires a seasoned professional with expertise in strategic sourcing, cost optimization, and category management, responsible for developing and implementing procurement category strategies aligned with the company's procurement strategy.

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Key Responsibilities

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  • Analyze procurement spend and supply base to establish suppliers per procurement category and sub-category, identifying opportunities for cost savings and process improvements.">
  • Lead sourcing activities that generate benefits and achieve financial savings targets through insight and analysis of category and sub-categories areas, including market research and supplier assessment.">
  • Develop and implement procurement category strategies aligned with the company's procurement strategy, working closely with the Chief Procurement Officer and internal customer departments.">
  • Prepare pre-tender and tender documents in conjunction with key user departments, ensuring compliance with corporate sustainability policies.">
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Requirements

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  • Extensive experience in strategic sourcing, cost optimization, and category management, with a proven track record of delivering cost savings and process improvements.">
  • Excellent analytical and interpersonal skills, with experience in project management and negotiation.">
  • Demonstrable record of building and implementing strategy and change, with experience in managing third parties and influencing senior stakeholders.">
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Benefits

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The salary range for this position is £65,000 - £85,000 per annum, depending on experience, along with a comprehensive benefits package including pension scheme, health insurance, and flexible working options.

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Lloyd's is committed to creating a diverse and inclusive work environment, offering regular health and wellbeing programs, diversity training, employee networks, mentoring, and volunteering opportunities.



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